Send Money Worldwide via SWIFT Network

Global transfers made simple and secure with SWIFT bank transfers in USD and EUR.

Open a Dedicated IBAN Account

What is SWIFT Money Transfer

The SWIFT system for international transfers is a worldwide financial messaging network that connects more than 11,000 institutions across 200 countries. It allows banks to exchange payment instructions quickly and securely. When you send money abroad through SWIFT, the funds are transmitted using correspondent banks that maintain accounts with one another. These intermediaries pass messages through the SWIFT network to complete the transaction.

The system supports multi-currency payments — most often in USD and EUR — and has remained the gold standard of international banking for decades. Its reliability, global reach, and traceability make it the preferred option for cross-border transfers of every size.

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SWIFT Payments via Pooled IBAN: Faster and More Flexible

A Pooled IBAN is a shared international bank account number used by multiple clients under one financial institution. With this system, funds are automatically allocated to the correct client with no delays due to each transaction within a Pooled IBAN being uniquely identified.

Combining the Pooled IBAN with fast SWIFT payments improves the process efficiency: instead of waiting for traditional correspondent banking chains to finalize every individual account settlement, transactions are consolidated, yet remain fully transparent.

While a Pooled IBAN offers convenience and speed, some clients who prefer full account ownership and personalized reconciliation may find a dedicated IBAN account an appealing option. It provides individual account details for every client, enhancing transparency and precise control over cross-border transfers.

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Key benefits for customers

Using SWIFT for international transfers brings clear advantages for a secure global transfer. Transactions are recognized and accepted by financial institutions across the world, and the SWIFT format guarantees consistent accuracy. Customers appreciate the ability to send and receive funds in major currencies like USD and EUR without geographic limitations.

Key benefits for customers

Below are some of the main benefits of international payment through SWIFT:

Direct
Global accessibility across more than 200 countries.
Direct
Support for multi-currency payments.
Direct
High-level transaction security and traceability.
Direct
Compatibility with major financial institutions.
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Availability for both individuals and corporate clients.

To illustrate the difference, here is a short comparison between SWIFT and SEPA transfers:

Feature
SWIFT
SEPA
Coverage
Global
European Economic Area
Currencies
USD, EUR, and others
EUR only
Speed
1–3 business days
1 business day
Transaction cost
Varies by bank
Low or free
Ideal use
Cross-border transfers outside EU
Domestic and EU payments

SWIFT bank transfers and SEPA bank Transfers have their benefits, but SWIFT is preferable when transferring non-Euro currencies or sending money to a country outside the SEPA zone.

How to send a SWIFT Transfer

After submission, we send the payment message through the SWIFT network, and your bank works with correspondent partners to finalize delivery. You can monitor every stage of the secure global transfer from your dashboard, giving you full control over timing and confirmation.

To send a SWIFT bank transfer through our platform, follow these steps:
  • Log in to your Connectro account.
  • Select the cross-border transfer option.
  • Fill in the recipient’s bank details.
  • Set the amount and currency (USD or EUR).
  • Confirm the details and submit the transfer request.
FAQ

Frequently asked questions

How long does a SWIFT transfer take?
Typically, fast SWIFT payments arrive within one to three business days. The exact time depends on the number of intermediary banks and the recipient’s location.
Are there fees for SWIFT transfers?
Yes. Fees depend on your bank and the correspondent chain. We display all charges before you confirm your international payment to maintain transparency.
Can I send money in multiple currencies?
Absolutely. Our multi-currency payments service allows you to send in USD or EUR with ease, covering most major destinations worldwide.
Is SWIFT suitable for large transactions?
Yes. SWIFT for international transfers is widely used for corporate settlements, large invoices, and business operations where reliability and traceability are essential.
Do I need a business account for SWIFT transfers?
No. Both individuals and businesses can use SWIFT bank transfers. A business account, however, may provide advanced options for recurring or high-value transactions.
What is a pooled IBAN and how is it different from a dedicated IBAN?
A Pooled IBAN gathers clients’ funds under one account while maintaining separate internal ledgers for each client. This option is preferable for high-frequency operations within cross-border transfers. A dedicated IBAN account belongs exclusively to one user. It’s better for clients who need individual account ownership.